Property summary
This exceptional 80-key hotel in Toledo, Ohio presents a compelling investment opportunity. Boasting 86,684 square feet on a 1.99-acre lot, this two-story property underwent a complete renovation between 2021 and 2023. Built in 1987, the hotel enjoys a prime location near US Highway 24 and Interstate 75, providing easy access to major attractions like Toledo Speedway, Maumee Bay State Park, Cedar Point Amusement Park, the Toledo Zoo, and the University of Toledo. The property's strong… financial performance is highlighted by a Net Operating Income (NOI) of $522,742, resulting in an attractive 11.88% capitalization rate. The hotel achieved a 39.2% NOI margin in 2023, demonstrating its operational efficiency. Toledo's hotel market exhibits stable growth, with a 2.9% year-over-year RevPAR increase. Furthermore, significant ongoing downtown development, including a $200 million renovation of the Nicholas and Spitzer buildings and the $180 million Toledo Trade Center project (projected to create over 1,000 jobs), promises to further boost demand and market activity in the coming years. The hotel offers amenities such as a complimentary breakfast, ensuring guest satisfaction. This is a rare chance to acquire a recently renovated, high-performing hotel in a growing market with significant future potential. The asking price is $4,400,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
2 recorded sales · 4 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 36,226 SF
- Lot area
- 2 ac
- Year built
- 1987
- Stories
- 2
- APN
- 22-43451
- Zoning
- 10-CRSO
- Assessed value · 2023
- $875,000
- Annual tax · 2023
- $49,937
- Commercial (general)
- Restaurant
- Auto Repair, Garage
- Medical Building
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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